United states automobile insurance

By Chester Dawson The Wall Street Journal Sun., July 8, 2018 Mitsubishi Motors Corp. is trying a novel approach to get more American car owners interested in sharing driving data with auto insurers: $10 off an oil change. The Japanese car maker has debuted a game-like interface to entice more of its vehicle owners in the U.S. to sign up for a smartphone app that relays digital data on driving habits to insurers, starting last month with State Auto Insurance Companies. In return, drivers earn virtual “badges” for good road manners such as staying within speed limits and avoiding sudden stops over certain periods of time and miles travelled. Those badges can be exchanged for rewards such as discounts on car accessories and oil changes. By year’s end, the Japanese auto maker says it plans to expand to free cups of coffee and gift cards. Drivers using the app also may see their insurance premiums fall—or rise—based on their driving … [Read more...] about Mitsubishi bets people will reveal their driving habits to insurers — for a freebie

LONDON/PARIS: Carmakers including Renault, Jaguar Land Rover and Peugeot have boosted revenues by over US$1 billion in the past decade by using sophisticated pricing software, according to sales presentations prepared by the software vendor, Accenture, and other documents filed in a court case. The software works, Accenture told prospective clients, by identifying which spare parts in a manufacturer's range customers would be content to pay more for, how much to raise prices by and which prices should not be hiked. The latter would include, for example, radiators and body parts that may feature in French automotive insurer group SRA's basket of parts that measures them for inflation, according to a court filing by the software creator, Laurent Boutboul. Documents relating to the case were obtained by French news site Mediapart and shared with Reuters and EIC, a network of European investigative news outlets. … [Read more...] about Insight: Software and stealth

If you are now employed as a medical transcriptionist in an IT company, perhaps it’s time you started learning other work skills that will prepare you for a new job. Medical transcription is one of low-skill occupations that will soon be phased out, a new study says. New technologies in industries that will spur future economic growth across Asia, including the Philippines, are likely to generate high-skill jobs but there will also be many workers that will be pushed aside, according to the just released Asian Development Bank (ADB) study. BPOs to feel artificial intelligence 'reality' in next 3 to 5 years: Pernia For instance, the business process outsourcing (BPO) industry in the Philippines, a leading source of growth in the economy for the past several decades, is projected to cut routine, process-driven jobs that require little thinking. Around 47 percent of jobs in the local BPO industry are said to be in this category. BPOs should see AI rise as 'opportunity,' Jobstreet … [Read more...] about News
ANALYSIS: How technology will change your job

Promises. Promises. Promises. Finally, it appears the wait is over after the People’s Bank of China Governor Yi Gang came up with a timeframe for a raft of reforms in the financial sector, which were proposed last year. The decision was announced less than 24 hours after President Xi Jinping’s keynote address at the Boao Forum on Hainan Island in southern China. Known as ‘Asia’s Davos’, Xi pledged to open up further the world’s second-largest economy in a speech seen as an attempt to defuse the ticking time bomb with the United States over a mushrooming US trade deficit and intellectual property rights issues. But Yi’s comments on Wednesday to push ahead with plans to allow foreign financial firms to compete on equal terms with Chinese companies has prompted the state-owned media to coin the phrase “Xiplomacy”. “The greater detail on the timing of implementation may indicate China’s desire to avoid an escalation in … [Read more...] about ‘Big Bang’ with Chinese characters? Beijing opens up sectors

The government needs to speed up the auction of critical radio frequencies for the private sector to develop fifth-generation (5G) mobile services if the country’s digital economic ambitions are to be taken seriously. According to a Huawei analysis based on the World Bank’s GDP database of member-countries, 5G technology will usher in a new era for the Thai digital economy and society, with significant benefits for manufacturing industries, agriculture, wholesale and retail, public services and other sectors. Generally speaking, the economy and society will be driven by mobile services that are at least 10 times faster than today’s speed using 4G technology. Besides the much greater speed, 5G also has better capabilities in terms of latency and Internet connections. These powerful capabilities of the new infrastructure will pave the way for autonomous cars, tele-medicine and other services, especially a new generation of Internet of Things (IoT) devices that are … [Read more...] about The need for speed in adopting 5G